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Multiple institutions have submitted revised S-1 filings for the Spot XRP ETF.
Golden Finance reports that multiple asset management companies (including Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree) have submitted revised S-1 filings for a Spot XRP ETF to the U.S. Securities and Exchange Commission (SEC). Analysts believe that this batch of concentrated applications almost certainly reflects adjustments made in response to SEC feedback, indicating that institutions are actively responding to regulatory requirements and is viewed as a positive sign ahead of approval.